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Joined: 28 Dec 2005 Posts: 12089
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Posted: Thu Aug 08, 2024 5:06 am Post subject: Aug 8th Trading Log (Updates) |
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Aug 8th Trading Log (Updates):
Current Trades: Bought 10,000 TMF shares at 53.65, bought 10,000 UNG shares at 13.45, sold 10,000 UNG shares at 13.95, sold 10,000 UNG shares at 14.15, sold 10,000 UNG shares at 14.30, and bought 10,000 TLT shares at 94.95 -------- TLT is down again in premarket. I plan to start buying TMF (TLT 3X) shares. TLT created a golden cross, first time since 2019, and expect it to rise well above 100 by end of year.
My portfolio is at $4,580,000 including $2,148,000 in cash.
Calls Contracts-Shares Long
TLT 20,000 shares
TMF 10,000 shares
Puts Contracts-Shares Short
None
Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss suspended. Scaled up and adjusted portfolio. Both prior portfolios, since early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups," where stocks go straight up month after month. |
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